This new feature allows the BRM to be able to successfully create additional registered business for BOs who have more than one business and would like to have Moniepoint business banking accounts under each of those businesses. The accounts will bear the name of the Business they belong to with the option of a suffix (Business name - suffix).

Only Business owners that have been successfully upgraded to the Registered Business Level are eligible to add additional registered business to their customer profile.

Unregistered BOs (on KYC Level 1-3) would not be able to create additional registered business.

To be able to successfully create an additional registered business, the BRM will need to be able to provide the following information:

1. CAC Registration Number
2. CAC Registration type
3. CAC Registration Documents
4. SCUML Certificate
5. TIN
6. Operating Licence
7. Business Address
8. Nature of Business

Steps to create Additional Registered Business

• Log on to the Moniepoint front-office as a BRM
• Expand the “Team Management” menu to reveal the sub-menus
• Select “Business owners” sub-menu
• Find the Business owner you want to add a new business to
• Click on the Business owner to navigate the “Business owner Details” Page
• Select the “View Businesses” action option. You should be navigate to the “Businesses” Page
• On the “Business” page, you can see a list of businesses that belong the the Business name
• Click on the “Add Business” button to be navigated to the Additional registered business creation flow
• Select whether you want an account to be created to the new business or you want the business to be created without an account yet
• Submit the business CAC registration information:
• Business registration type
• CAC registration number
• The system must be able to validate that:
• The business registration is valid
• The business owner is an affiliate of the business at CAC
• Submit the Supporting documents required based on the business registration type selected in the above step
• Select the Nature of business by selecting the business category/subcategory applicable to the business. You can select up to 3 business subcategories for a business
• Submit Additional required information about the business:
• TIN
• SCUML Certificate (based on the Nature of business selected above)
• Operating Licence (based on the Nature of business selected above)
• Submit the Address for the new business. You are allowed to use any of the previously verified addresses - business address or residential address.
• Setup account name for the account to be created alongside the business, if you selected the option to have an account created with the registered business.
• Review all the information you have submitted for the additional registered business before you submit finally for the Business to be created for the BO.